Suncor Energy


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Description

In August 2009, Suncor Energy completed its merger with Petro-Canada to create Canada's premier energy company.

The 'new' Suncor Energy began trading on the New York Stock Exchange today and on the Toronto Stock Exchange on August 7.

Suncor Energy became Canada's largest energy company and the fifth largest North American-based energy company by market value when it opened trading. The new Suncor combines a leading position in Canada's oil sands with complementary operations in refining and marketing, North American natural gas production and conventional production internationally and offshore East Coast Canada. The company also holds a significant position in Canada's emerging renewable energy industry with wind power projects and biofuels production.


Latest Suncor Energy News

Suncor Energy Norge AS awarded a North Sea drilling permit

The Norwegian Petroleum Directorate (NPD) has granted Suncor Energy Norge AS a drilling permit for well 25/10-13 S, cf. Section 8 of the Resource Management Regulations. Well 25/10-13 S will be drilled from the Borgland Dolphin drilling facility in position 59°09'42.52'' north 02°14'23.70''... Thursday, May 21, 2015

Suncor Energy drills dry well during oil discovery delineation

Suncor Energy Norge AS, operator of production licence 375, has completed drilling of appraisal well 34/4-14 S in the oil discovery 34/4-11. The discovery was proven in 2010, and is located approximately 20 kilometres northwest of the Snorre field in the North Sea. The reservoir is in the Brent and... Friday, May 15, 2015

Who's who in steam

When we have been talking with potential investors and partners about steaming the Pilot oil field, we have often been asked who else steams oilfields, and does anyone do it offshore? Most people knew about the Canadian oil sands and the steam assisted gravity drainage (SAGD) schemes which are comi... Monday, May 11, 2015

100,000 Layoffs and Counting: Is this the New Normal?

This time a year ago, the oil industry's biggest problem was finding a way to deal with the 'retirement tsunami' about to crash down on it as older oilfield workers hung up their cork boots to enjoy freedom-55. Now, with oil prices still in the doldrums, many of those same workers are lucky to be ha... Thursday, March 19, 2015

Suncor Energy reports fourth quarter 2014 results

"Suncor has built a strong balance sheet in preparation for a lower crude price environment," said Steve Williams, president and chief executive officer. "Our focus on capital discipline has been integral to our financial strength. Most recently, we finished the year $300 million belo... Thursday, February 5, 2015

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